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Solldy
Oct 28, 2020 8:38 AM

BTCUSD ⚑ FURTHER PRICE MOVEMENT πŸ“ˆΒ Short

Bitcoin / U.S. dollarBitstamp

Description

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As we can see, the price is now between two strong lines. Strong resistance line originates in November 2017, and Strong support line originates in January 2019.πŸ‘‡πŸΌ


We see that in July the price bounced off the intersection of two support lines and began to move up. Now the price has broken through the Strong resistance line. I expect the price to stay on a strong line for a while and repeat the steps I have drawn.

πŸ’› - Strong growth
πŸ’™ - Accumulation
πŸ’“ - Strong fall

Do you agree?)

Your Solldy.
Comments
Trade4158
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Where you draw accumulation is actually distribution.
Solldy
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@Trade4158, This is your opinion and I appreciate it!
dragon
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@Trade4158 πŸ˜‚
dragon
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@Trade4158 I’d add this guy on my counter signal list but his timeframes are too small for my style. He runs at a ~85% incorrect inverse rate tho lol
Lingrid
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same position❀️
Solldy
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@Lingrid, Wow!
Thank U so much!
TradingAlchemist
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@Lingrid, another worthy btcusd!
InkyGrip
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amazing chart! πŸ¦πŸ‘πŸ»
Solldy
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@plancton0618, Thank U!
PolarHusk
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The new top price I think. πŸ»β€β„οΈπŸ™πŸ˜ŠπŸ˜ƒ
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